If you have read me for very long, you know a few things about my political leanings, which I don’t hesitate to espouse now and then. I’m a free-market conservative that believes in smaller government, balanced budgets and lower taxes, just to name a few. President Barack Obama is the first...

The Obama administration announced last week that it is seeking a new $10 per barrel tax on oil. The huge tax increase is aimed at energy companies that will surely pass this increased cost directly on to consumers. At $30 a barrel, the $10 tax amounts to a 33% increase in price. The oil price increase...

IN THIS ISSUE: 1. Another Ho-Hum Unemployment Report For July 2. The Global Economy is Slowing – Implications For the US 3. Policymakers Have Few Options to Spur Economic Growth 4. The Latest Implications For the US Equity Markets 5. The Costly Truth About the New Obama Energy Plan 6. Dodd-Frank...

IN THIS ISSUE: 1. Economy Rose More Than Expected in the 3Q 2. The Economy is Not Yet Out of the Woods 3. The Oil Price Decline is Like a Big Tax Cut 4. President Obama’s Post-Election Temper Tantrum 5. Webinar With Wellesley Investment Advisors on Thursday Economy Rose More Than Expected in the...

I’m out of town today assisting an elderly relative (96 year-old Mother-In-Law), so I thought I would reprint the following article from Investor’s Business Daily . On Labor Day, President Obama made an outrageous statement that has to rank as one of his biggest whoppers ever! To my knowledge, no one...

IN THIS ISSUE: 1. Finally, Some Bright Spots in the Economy 2. The Real Obamacare Nightmare is Just Beginning 3. HWM ALPHA ADVANTAGE Webinar Recording 4. Some Parting Thoughts About Easter Overview Last Thursday, the Obama administration said that a total of eight million Americans had signed up for...

1. US Gross Domestic Product Rose at 2.6% Pace in 4Q 2. New Economic Statistic Coming Later This Month 3. “ Gross Output” Could Lead to a Value-Added Tax 4. Consumer Confidence is Up, but Concerns Remain 5. President Obama’s Job Dis approval Rating Hits New High Overview The Conference...

The most interesting article I read this week came from economist Vance Ginn at The Texas Public Policy Foundation, a non-profit free-market research institute here in Austin, TX. He compares President Reagan’s economic policies with President Obama’s. The results are simply staggering! I have reprinted...

It’s that time of year when the president and Congress submit their proposed federal budgets for the next fiscal year, in this case FY2015 which begins on October 1 this year. Most Americans’ eyes glaze over when it comes to the annual budget debate in Washington, but I want to mention a...

1. 4Q GDP Revised Lower, Not Surprisingly 2. US Consumer Confidence Fell in February 3. Housing & Manufacturing Took a Hit in January 4. President to Downsize Military, Smallest Army in 75 Years Overview Late last year, President Obama predicted that 2014 would see “breakout growth” in...

While there’s a lot of chatter about the Republicans winning the Senate in November, President Obama’s approval ratings are on the rise. In the latest Gallup poll, he’s climbed from a low of 39% approval to as high as 46% in the last few days. He is desperate to get to 50% or above before the election...

IN THIS ISSUE: 1. US Personal Savings Rate is Falling Once Again 2. Obama Unveils New “MyRA” Savings Accounts 3. The Main Problem With MyRAs – Low Returns 4. US Economy May be Stuck in Slow Lane Long-Term 5. 91 Million Americans Aren’t Looking For Work 6. President Obama Lied...